The main events by the morning: July 2

• The Iranian President has signed a decree suspending cooperation with the IAEA. According to the document, the agency's employees are temporarily banned from entering the country. The decision is justified by the need to ensure the safety of Iranian nuclear facilities and specialists in the field of nuclear energy. Thus, the control by the international agency has actually been suspended, which may pave the way for the unrestricted development of the Iranian nuclear program.

• Germany and the UK are close to signing an extensive mutual assistance agreement. The text of the agreement is almost agreed upon, and the document can be signed before July 17. The treaty will confirm Berlin and London's commitment to the NATO alliance as the main pillar of their collective defense. 

• Google faced a fine of $314 million in connection with the illegal use of Android user data. Consumers claimed that Google programmed Android phones to transmit data to Google servers when users were not connected to a Wi-Fi network. The corporation used this information «to promote its corporate interests.»

• Azerbaijan continues to ruin relations with Russia. The country suspended negotiations with the Russian Federation on a number of major economic agreements and officially accused Russia of torture and violation of international law. Russian-language schools are also being closed in Azerbaijan. It is reported that this decision is aimed at strengthening the position of the Azerbaijani language as the main language of education and integrating all citizens into a single educational environment.

• Hong Kong claims to be the first in the world in terms of IPO volume. In 2025, Hong Kong may surpass New York in terms of initial public offerings. Since the beginning of the year, IPOs on the local stock exchange have raised HK$107 billion, an increase of 701%. Up to 100 placements worth up to $28 billion are expected by the end of the year. Geopolitics, the activation of Chinese companies, and the flow of capital from the United States have made Hong Kong a popular destination again.